Novel pricing strategies for revenue maximization and demand learning using an exploration–exploitation framework
Sign Up to like & getrecommendations! Published in 2021 at "Soft Computing"
DOI: 10.1007/s00500-021-06047-y
Abstract: The price demand relation is a fundamental concept that models how price affects the sale of a product. It is critical to have an accurate estimate of its parameters, as it will impact the company’s… read more here.
Keywords: revenue maximization; exploration exploitation; revenue; demand ... See more keywords
Understanding ambidexterity at the individual level: task assignment perspective
Sign Up to like & getrecommendations! Published in 2018 at "Computational and Mathematical Organization Theory"
DOI: 10.1007/s10588-017-9245-5
Abstract: While previous studies on ambidexterity have focused on the antecedents or consequences of organizational ambidexterity, not many studies have attempted to explore ambidexterity at the individual level. This study intends to fill such gap and… read more here.
Keywords: level; exploration exploitation; task assignment; ambidexterity ... See more keywords
Trading off learning and performance: Exploration and exploitation at work
Sign Up to like & getrecommendations! Published in 2019 at "Human Resource Management Review"
DOI: 10.1016/j.hrmr.2018.06.001
Abstract: Abstract Employees are increasingly given control over how they learn, and their choices for training are diverse and varied, yet employees must balance competing demands. On one hand, they are expected to be increasingly efficient… read more here.
Keywords: exploration; learning performance; work; exploration exploitation ... See more keywords
Online learning robust MPC: an exploration-exploitation approach
Sign Up to like & getrecommendations! Published in 2020 at "IFAC-PapersOnLine"
DOI: 10.1016/j.ifacol.2020.12.1210
Abstract: This paper presents a predictive controller whose model is based on input-output data of the nonlinear system to be controlled. It uses a Lipschitz interpolation technique in which new data may be included in the… read more here.
Keywords: learning robust; robust mpc; exploration exploitation; exploration ... See more keywords
Virtual customer environment design and organizational innovation: An exploration–exploitation perspective
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Organizational Computing and Electronic Commerce"
DOI: 10.1080/10919392.2018.1410632
Abstract: ABSTRACT Many firms are developing virtual customer environments (VCEs) that provide customers the opportunity to submit, discuss, and vote for new ideas. Some studies show that VCEs promote the development of incremental improvements in existing… read more here.
Keywords: organizational innovation; innovation; exploration exploitation; innovation exploration ... See more keywords
Genome entropy and network centrality contrast exploration and exploitation in evolution of foodborne pathogens
Sign Up to like & getrecommendations! Published in 2023 at "Physical Biology"
DOI: 10.1088/1478-3975/acd899
Abstract: Modelling evolution of foodborne pathogens is crucial for mitigation and prevention of outbreaks. We apply network-theoretic and information-theoretic methods to trace evolutionary pathways of Salmonella Typhimurium in New South Wales, Australia, by studying whole genome… read more here.
Keywords: network; evolution foodborne; foodborne pathogens; centrality ... See more keywords
Firm’s exploration-exploitation capabilities. Do diversity and empowerment matter?
Sign Up to like & getrecommendations! Published in 2023 at "European Business Review"
DOI: 10.1108/ebr-09-2022-0178
Abstract: Purpose This paper aims to explore the effect of gender diversity and female empowerment on a firm’s exploration and exploitation capabilities. Design/methodology/approach This is an empirical paper. This study investigated the research question in this… read more here.
Keywords: gender diversity; diversity; firm exploration; exploration ... See more keywords
Behavior Decision of Mobile Robot With a Neurophysiologically Motivated Reinforcement Learning Model
Sign Up to like & getrecommendations! Published in 2022 at "IEEE Transactions on Cognitive and Developmental Systems"
DOI: 10.1109/tcds.2020.3035778
Abstract: Online model-free reinforcement learning (RL) approaches play a crucial role in coping with the real-world applications, such as the behavioral decision making in robotics. How to balance the exploration and exploitation processes is a central… read more here.
Keywords: action; exploration; reinforcement learning; decision ... See more keywords
Human Variability and the Explore-Exploit Trade-Off in Recommendation
Sign Up to like & getrecommendations! Published in 2023 at "Cognitive science"
DOI: 10.1111/cogs.13279
Abstract: The enormous scale of the available information and products on the Internet has necessitated the development of algorithms that intermediate between options and human users. These algorithms attempt to provide the user with relevant information.… read more here.
Keywords: information; algorithms; variability; exploration exploitation ... See more keywords
Organizational Ambidexterity: Exploration and Exploitation
Sign Up to like & getrecommendations! Published in 2019 at "International Journal of Innovation and Technology Management"
DOI: 10.1142/s0219877019500330
Abstract: Systematic Review of Literature is done by this research with the purpose that it could be possible to analyze the existent interaction between exploration and exploitation that leads organizations to become ambidextrous ones. That is… read more here.
Keywords: methodology; organizational ambidexterity; exploration exploitation; exploration ... See more keywords
DIGITAL TRANSFORMATION AND AMBIDEXTERITY: A LITERATURE REVIEW ON EXPLORATION AND EXPLOITATION ACTIVITIES IN COMPANIES’ DIGITAL TRANSFORMATION
Sign Up to like & getrecommendations! Published in 2023 at "International Journal of Innovation Management"
DOI: 10.1142/s1363919622300033
Abstract: One major challenge in the industries is digital transformation. Ambidexterity, the ability to optimise the existing and innovate new business concepts, is widely accepted as a critical concept of sustainable success. We conducted a literature… read more here.
Keywords: digital transformation; ambidexterity; transformation; exploration exploitation ... See more keywords